Sabbatical fans have watched with wide eyes as global mammoth KPMG/Britain hit hard times, sought solutions beyond firing, and found success. 
Their “Flexible Futures” concept offered TIME in exchange for money.  And 80% of the target employees took advantage of one of the options.  Yessssss!
Standing O to all involved:  To KPMG for its compassionate efforts to keep staff employed; to the workers who found a way to trade money for time (what a gift!); and to the families that no doubt made some sacrifices to adjust to the new budget and schedule.

The recession in England rages on, and Sabbaticals continue to make headlines at major newspapers as companies create new ways to keep trained workers, yet…

Amidst a tsunami of layoffs worldwide, some savvy firms are trying something more innovative, hopeful, and humane:  offering sabbaticals or reduced workweeks. Accountancyage.com reports that when KPMG UK put together such a program for their employees, an astounding 400 out of 550 partners jumped in line.  Could it be that time is the new money?    

More than 80% of KPMG’s UK partners have applied to work a four day week or take a sabbatical after the Big Four firm announced a scheme last week aimed at avoiding redundancies.The voluntary scheme, announced last week, is one of the first of its kind by a big accounting firm. Eight other countries within the KPMG group are thought to be considering similar schemes.
       

GM also has the same idea, as reported last month and blogged about by yours trul…